Last updated on Wednesday, September 08, 2010
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BLOCKBUSTER Corp Sale Leaseback

Rock Hill (Charlotte), SC
 
Bldg Size: 6,400 sq. ft.
Land: 1.38 acres
Lease Type: Single Tenant NNN
Price: $548,000
Yield: 10.5 (CAP)
Expiration Date: 9/30/2020

  • Priced Well Below Replacement Cost
  • Brand New, Absolute NNN, 10-Year Corporate Sale-Leaseback with BLOCKBUSTER Inc. (NYSE: BBI)
  • BLOCKBUSTER Inc.: 6,000+ Stores Worldwide | Revenues $4.6+ Billion in January 2010
  • Strategically Located Along Cherry Rd. (Hwy. 322 - Traffic: 28,500+ Cars/Day) | Adjacent to Sullivan Middle School
  • Outparcel to Neighborhood Shopping Center | Tenants Include: Compare Foods, Dollar General, CiCi’s Pizza
  • Other Tenants in Immediate Area Include: KMART, BI-LO, Big Lots, Office Depot, Chick-Fil-A, Bank of America
  • Rock Hill is Located 25-Miles South of Charlotte & is the 4th Largest City in the State of South Carolina
  • Average HH Income (1-Mile Radius): $64,590 2009 US Census
  • Charlotte MSA is the 2nd Largest Banking Hub Behind NYC & 4th Largest Manufacturing Region in the US

       

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